A Comprehensive Annual Financial Report CAFRwould include an introductory section, management's discussion and analysis, basic financial statements, required supplementary information other than MD&A, combining and individual fund statements, narrative explanations, and statistical section.

Question

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The CAFR has three major sections; introductory which includes MD&A, financial which includes basic financial statements, RSI other than MD&A, combining and individual fund statements and narrative explanations, and the statistical section.

A Comprehensive Annual Financial Report CAFRwould Include an Introductory Section